Self Employed
#31
No meeting up at six bells, lads, in the current environment. Keep safe.
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#32
They'd have to bring broomsticks and try and jab at each other from 6 feet
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#33
When is the next London game? It's the only place allowed. Actually kissing and making up is probably more dangerous than punching seven shades out of each other these days....
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#34
There should be an app called Ruck for this sort of issue in the current world.
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#35
(03-27-2020, 04:35 PM)HeathAyIt Wrote: There should be an app called Ruck for this sort of issue in the current world.

What like Tinder? Swipe left to punch, swipe right to kick?
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#36
(03-27-2020, 04:35 PM)HeathAyIt Wrote: There should be an app called Ruck for this sort of issue in the current world.

Big Grin
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#37
(03-27-2020, 04:58 PM)MassDebater Wrote:
(03-27-2020, 04:35 PM)HeathAyIt Wrote: There should be an app called Ruck for this sort of issue in the current world.

What like Tinder? Swipe left to punch, swipe right to kick?

I'm pretty sure China/Liquidator only swipes to the right <ducks for cover> ...
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#38
(03-27-2020, 03:11 PM)rsbaggy2 Wrote:
(03-27-2020, 03:06 PM)MassDebater Wrote:
(03-27-2020, 10:33 AM)sickParrot Wrote: I dont agree that someone who has earned £150,000 for the past 3 years will get £2500 per month and yet someone who has earned £51,000 for the same period will get nothing.

They won't though will they, they'll both get £2,500, is how I read it. Or do you mean someone who has earned £51k over 3 years?

It seems as though it's £50k max. average per year over 3 years. 
However, for someone who has only submitted a first year return in 2018/19 and shows profits of over £50k there will be nothing. 

As I see it.

To clarify my post, someone earning £150k per year PAYE will get £2500 per month for 3 months, where as a self employed person earning £51,000 per year for the last 3 years will get nothing.

Or at least that is the way I am reading it, have I misunderstood?

https://www.gov.uk/guidance/claim-a-gran...ort-scheme
Quote:Your self-employed trading profits must also be less than £50,000 and more than half of your income come from self-employment. This is determined by at least one of the following conditions being true:
  • having trading profits/partnership trading profits in 2018-19 of less than £50,000 and these profits constitute more than half of your total taxable income

  • having average trading profits in 2016-17, 2017-18, and 2018-19 of less than £50,000 and these profits constitute more than half of your average taxable income in the same period
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#39
(03-27-2020, 05:36 PM)sickParrot Wrote:
(03-27-2020, 03:11 PM)rsbaggy2 Wrote:
(03-27-2020, 03:06 PM)MassDebater Wrote:
(03-27-2020, 10:33 AM)sickParrot Wrote: I dont agree that someone who has earned £150,000 for the past 3 years will get £2500 per month and yet someone who has earned £51,000 for the same period will get nothing.

They won't though will they, they'll both get £2,500, is how I read it. Or do you mean someone who has earned £51k over 3 years?

It seems as though it's £50k max. average per year over 3 years. 
However, for someone who has only submitted a first year return in 2018/19 and shows profits of over £50k there will be nothing. 

As I see it.

To clarify my post, someone earning £150k per year PAYE will get £2500 per month for 3 months, where as a self employed person earning £51,000 per year for the last 3 years will get nothing.

Or at least that is the way I am reading it, have I misunderstood?

https://www.gov.uk/guidance/claim-a-gran...ort-scheme
Quote:Your self-employed trading profits must also be less than £50,000 and more than half of your income come from self-employment. This is determined by at least one of the following conditions being true:
  • having trading profits/partnership trading profits in 2018-19 of less than £50,000 and these profits constitute more than half of your total taxable income

  • having average trading profits in 2016-17, 2017-18, and 2018-19 of less than £50,000 and these profits constitute more than half of your average taxable income in the same period

Yes there seems to be a strange logic that if your average annual self employed profits are just a penny over £50k you don’t deserve to get anything at all (presumably as it’s assumed you’ll have some savings to fall back on).
Yet an employee will still get £2,500 per month irrespective of whether he’s earning well over £50k pa. 

I can’t see why they couldn’t just cap the grant for the self employed at £2,500 per month like the employees, if you average over £50k in self employed profits.
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#40
(03-27-2020, 05:06 PM)WWHO Wrote:
(03-27-2020, 04:58 PM)MassDebater Wrote:
(03-27-2020, 04:35 PM)HeathAyIt Wrote: There should be an app called Ruck for this sort of issue in the current world.

What like Tinder? Swipe left to punch, swipe right to kick?

I'm pretty sure China/Liquidator only swipes to the right <ducks for cover> ...
Your profile would be on there 100% sweetheart Heart .
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